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MIT OpenCourseWareMIT ESD.172J/SP.793J X PRIZE Workshop: Grand Challenges in Energy, Fall 2009 (November 2, 2009)

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In 2004, the Ansari X PRIZE for suborbital spaceflight captured the public's imagination and revolutionized an industry, leveraging a $10M prize purse into over $100M in innovation. Building from that success, the X PRIZE Foundation is now developing new prizes to focus innovation around "Grand Challenge" themes, including genomics, energy, healthcare, and education.

This course will examine the intersection of incentives and innovation, drawing on economic models, historic examples, and recent experience of the X PRIZE Foundation to help develop a future prize in Energy Storage Technologies.



This movie is part of the collection: MIT OpenCourseWare

Producer: MIT OpenCourseWare
Audio/Visual: sound, color
Language: English
Keywords: energy; competition; innovation; incentivize prizes; resource allocation; innovation incentives; Ansari; X PRIZE; economic models of innovation; energy storage; grid-scale storage; prize matrix; genomics; Archon X PRIZE; Progressive Automotive X PRIZE; grand challenges

Creative Commons license: Attribution-Noncommercial-Share Alike 3.0


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139.5 MB 
165.2 MB 
263.6 MB 
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